Grants are often called “gift aid” because they are free money—financial aid that does not have to be repaid. Grants are often need-based, while scholarships are usually merit-based.
Grants are funded by the federal government, state governments, and Temple University. Do your research, apply for any grants or scholarships you might be eligible for, and be sure to meet application deadlines!
IMPORTANT: Temple University Grant (TUG) is a limited financial resource. It does run out each year. For this reason Temple maintains a March 1 FAFSA filing deadline to be eligible for this grant. The FAFSA must be completed and filed with the federal processor by March 1 of each year. The FAFSA must be error-free. FAFSA applications received after March 1 will be considered for TUG on a first come first served basis until TUG funding has been exhausted for the year.
Occasionally you might have to pay back part or all of a federal or student grant if, for example, you withdraw from school before finishing an enrollment period such as a semester.